Business & Finance
12 June 2021, 1:48 pm. 1 minute
Reuters reported exclusively that Toshiba Corp’s second-biggest shareholder demanded the board chairman and three other directors immediately resign after an investigation found the company had colluded with the Japanese government to pressure foreign investors. The demand was contained in a letter from 3D Investment Partners, which owns a 7.2% stake in Toshiba, according to a copy reviewed by Reuters. The demand is likely to heighten scrutiny into governance at Toshiba, a renowned industrial conglomerate currently in crisis sparked by the investigation. The shareholder-commissioned probe marked an explosive turn in a long battle between the Japanese company’s management and foreign shareholders
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
7 comments
28183 885390Im not that much of a internet reader to be honest but your web sites truly good, keep it up! Ill go ahead and bookmark your site to come back later. All the very best 444126
715014 326553I appreciate you taking the time to create this post. It has been really valuable to me surely. Value it. 381070
941184 281874I believe other web site owners need to take this web site as an example , quite clean and great user genial style . 911822
321966 275958I undoubtedly did not realize that. Learnt something new nowadays! Thanks for that. 145870
3654 359294Appropriate humans speeches need to seat as well as memorialize around the groom and bride. Beginer sound system around rowdy locations ought to always not forget currently the glowing leadership of a speaking, which is ones boat. greatest man speeches brother 605195
9326 288699Wohh just what I was looking for, thanks for putting up. 997126
464666 621152I truly enjoyed reading this site, this really is excellent blog. 827729